181 Sandra Del Mar Drive Unit 181
Mandeville, LA 70448
Map
- 2 beds
- 2 baths
- 1,150 sqft
- $94 per sqft
- 2000 build
CALLING ALL INVESTORS! This property offers a high cap rate and far exceeds the 1% rule. CASH ONLY. The condo is currently rented at $1,200 per month, generating immediate cash flow, and tenants will remain with the sale. Located in Mandeville, this affordable 2-bedroom, 1.5-bath condo features a new roof installed after Hurricane Ida and an HVAC system replaced in 2020. Just 1 minute to the Causeway and 5 minutes to I-12, with access to Mandeville schools. Enjoy a wood-burning fireplace, bar-top seating in a cozy kitchen, a half bath on the main floor, and two bedrooms with a shared bathroom upstairs. The unit has all ceramic tile flooring throughout the first floor. Nearby amenities include Tammany Trace, Mandeville Trailhead, Sunset Point, and the lakefront—all a short bike ride away. The condo also offers a fenced-in patio and assigned parking. Condo fees cover water, garbage, exterior property insurance, common area maintenance, flood insurance, and termite coverage. Don’t miss this great investment opportunity!
Last checked:
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Last updated Jun 17, 2025
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MLS# 2507447 —
The Building
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Year Built:2000
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Construction Materials:Vinyl Siding
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Architectural Style:Traditional
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Building Area Total:1150
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Building Area Source:Assessor
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Roof:Shingle
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Foundation:Slab
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Security Features:None, Smoke Detector(s)
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Exterior Features:Fence
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Patio Features:Concrete
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Levels:Two
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Stories:2
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Stories Total:2
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Unit Number:181
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Green Energy Efficient:Insulation, Lighting, Windows
Interior
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Rooms Total:7
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Interior Features:Ceiling Fan(s), Stainless Steel Appliances
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Living Area:1150
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Living Area Source:Assessor
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Fireplace:Yes
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Fireplace Features:Wood Burning
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Laundry Features:Washer Hookup, Dryer Hookup
Financial & Terms
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Home Warranty:No
Location
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Directions:From Monroe. Left on Antibes, Left on Sandra del Mar.
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Cross Street:Antibes & Monroe
The Property
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Parcel Number:56867
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Property Type:Residential
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Property Subtype:Condominium
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Property Subtype Additional:Condominium
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Property Condition:Very Good Condition
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Lot Features:City Lot
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Lot Size Dimensions:condo
Listing Agent
- Contact info:
- Agent phone:
- (985) 727-7000
- Office phone:
- (985) 727-7000
Taxes
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Tax Legal Description:CONDO UNIT 11 2 HARBOR OAKS CONDOS MARINERS VILLAGE SUB
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
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Full Baths:1
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Half Baths:1
The Listing
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Current Price:$109,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
The Community
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Subdivision Name:Mariners Village
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Community Features:Common Grounds/Area
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Pool Features:None
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Pets Allowed:No Pet Restrictions
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Association:No
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Association Fee 2:300
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Association Fee Includes:Common Areas, Water
Parking
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Parking Features:Assigned, Parking Available, Parking Lot, One Space
Extra Units
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# of Units Total:19
Monthly cost estimate
Asking price
$109,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$583
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| Taxes | N/A |
| Insurance | $29 |
| Utilities | $104 See report |
| Total | $716/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/17/25
Jun 17, 2025
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Listed / Active | GSREIN | $109,000 |
